We can only pray that betfair recognise that ill feeling and let the traders and **s go back to paying 5% of their profits. Either that or get shot of them altogether.

I apologise then Blessington. You should watch the forum company you keep though.

At the moment I would say the PC hits 1 trader (not that i have anything against them) for 10 innocent punters........CRAZY

If you believe that Blessington then CRAZY is the operative word. I would guess 99% of those paying it were previously freeloaders. I don't think the pc was how they should've been made to pay ( generally LESS than their fair share) but it was lunacy to have the liquidity providers subsidising the parasites.

Please can you tell me where and how to get the fast pictures.

Sorry Blessington, after reading that post I find it hard to believe there's anyone behind you.

You overestimate your species Blessington.

Yeah but thats a different problem....But as the Racing Post guys showed just because you might be a few secs ahead doesn't necessary mean you still will do the right thing. Especially when you know all your colleagues are seen the same things happen.

I often put a bet on after the off before in-running after the favourite started slow but I still never got it right.

One day I was betting a hour after the off in 2 ball golf betting and still got cleaned out.

Its a myth there is any easy way of making money betting.

Hard work or nothing imo and avoid paying extra commission to the PC when the same odds are available elsewhere. Would be my strategy for success.....Cheers

FECK anybody who loses because of fast pictures now 3 years on have only themselves to blame.

Fast picture are OLD NEWS now. You can open a forum without somebody asking for a exchange shop or somebody asking the fastest site for pictures. The Racing Post is full of reporters given them a go as a feature report.

I just wonder why you think the average guy on Betfair is so stup1d now that 3 years on he still hasn't figure out somebody at the races with a high tec phone is going to be quicker to see whats happening than him sitting at home waiting for pictures to be beamed into his house.

Likewise at a tennis match. How long is it now since those professional gamblers who were ex bookies decided to fly to Australia to bet from court side? I think it 4 years or even more. Again the Racing Post did a feature on one of them who died last year.

Funny thing was the guy was after stopping it a few years ago when he said too many were at it.

So agenda I just wonder why you think the average fast mind on here needs 3-4 years to realise a guy at the races or a guy in a exchange shop or just some TV provider like it says in the corner of the screen on every betting event.

That some of them might be providing picture to you slower than somebody else and thats why a price shortens just before something good happens to the bet not because that layer has found some divine insight.........

I just don't understand why you feel 3-4 years on after exchange shops first opened that your breaking some sort of News now telling us that the guy in there paying a £100 a week or whatever is using SIS pictures (or bookies pictures) whichever you like, are recieving them 2-3 seconds ahead of the guy watching ATR or RUK.

COME ON! Its Betfair sharp minds your talking too and on a Betfair forum where it has been covered everyday for the last 3-4 years.......MOVE ON give us something NEW now.

Like how many 5% commission PUNTERS like me now end up paying Premiun Charges just because we followed a successful team, or horse, or because we just increased our normal bet which was successful, or we're just on here too long now to lose enough....

Now that would be positive news for most of us joe soaps and what FECK of old would have been hitting us with......Cheers
....................................................................


PS, Didn't you have £10k on Celtic a few years ago? You couldn't do that now with the PC could you?

parasite parasite parasite parasite what this feck just give up

http://pplace.forumotion.com/chit-chat-f8/

is where most of the chitchat banned go

I like your 'betfair babes' idea by the way ;)

Premiun Charges are killing the game here for both payer of PC and non payer of PC and fast pictures and all the other sh1te has little or no effect on the average Joe soap here compared to what the PC charge is doing.

The average joe soap is untouched by the pc and the only "liquidity" it's killing is of the ticket tout kind apart from the odd "fun bet" placed elsewhere by the "sharp minded" pc payers who aren't sharp enough to understand how the pc works.

Investor, are you seriously suggesting that if 1,000 new horse racing traders joined betfair I'd only have to stick up a £2 lay of a horse in order to get a 2K back on it covered?

If 1,000 people suddenly decided to become ticket touts, do you think I'd only have to stand in an empty ticket queue to guarantee a concert the sale of a 1,000 tickets?

No Feck, that's not what I mean.

What I mean is that it is healthy for the exchange if many people are outbidding each other and profit margins are slim for the traders / gamblers / market makers.



In markets with low liquidity I attempt to make money by offering 'bad value' bets. Occasionally these will get matched and I will make a profit, although the risk is larger, as I may not be able to trade out if things go against me.

In markets with very high liquidity, I can make much more. As I bet almost exclusively on football this would be World Cup, Champions League Finals etc. This is because I can take large risk, and if I feel the market is out of line I can bet big and trade out quickly if things screw up.

You would expect prices to be more accurate with more liquidity. While this seems to be the case, it is also true that you can churn through far more bets. Smaller margins, but higher profits.

They tried this a few years ago. It seemed to peter out, the prices they offered were atrocious.
They also started their own exchange. That petered out too.
There is absolutely no limit to their hypocrisy.

Blessington, are you saying the market makers prefer nothing to 85%s of their old profits or that people who are unaffected by the pc aren't accomodating the market makers because they think they might get hit with the pc? Neither seems likely imo. Re the bookmaker's lay button, I think you're delusional if you think anyone out there (including other exchanges) are desperate to attract people who are willing to give them 5% of their profits but will whinge and bad mouth them if they have to pay any more than that.


Investor, there are very few price aware traders which is why the early liquidity is so bad. Most want to bet in high liquidity markets and, since the spread is already tight in these, I fail to see how adding another 1,000 middlemen would improve liquidity. In such markets the true backers and layers would match each other in the absence of traders.

FECK....Lots of bookies would be delighted to open their doors every morning known that they were guarnteed to make 5% on EVERY market. Especially if they thought they could reach anywhere like Betfair turnover.

Its whether these Bookies want somebody else to lay certain losers based on their own intelligence network they have set up in some stable yards, or from certain owners betting accounts is a different question. :^0 ......Cheers

FECK.....HA HA, your playing with words.

5% off every winning bet in EVERY MARKET. :)

Feck

if you think most traders take a position based on queue information you are just living your own reality which is far away from the real world

Anyone that bases trades on queue information loses.

You were right first time beetle, it's 'loses'.

I'd be amazed if even a minute fraction of horse race traders had their own tissue. I daresay there will be more in the sports market where odds compiling is micky mouse.

You'll be telling me next that Adam Heathcote is up all night studying form. Give me a fkng break.